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Use of Trusts and Revocable Trusts in Estate Planning

A recent story in the New York Times featured a discussion on the use of trusts in estate planning. The article touches on some of the benefits of a trust, including the use of revocable trusts to avoid probate and to maintain privacy.

Trusts serve a variety of functions, including those cited above. Since everyone’s needs and families are different, whether you need a trust and how it might fit into your estate plan depends on your individual circumstances.

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